Throughout the spacecraft design and development process, detailed instrument thermal models are created to simulate their on-orbit behavior and to ensure that they do not exceed any thermal limits. These detailed models, while generating highly accurate predictions, can sometimes lead to long simulation run times, especially when integrated with a spacecraft observatory model. Therefore, reduced models containing less detail are typically produced in tandem with the detailed models so that results may be more readily available, albeit less accurate. In the current study, both reduced and detailed instrument models are integrated with their associated spacecraft bus models to examine the impact of instrument model reduction on run time and accuracy. Preexisting instrument bus thermal model pairs from several projects were used to determine trends between detailed and reduced thermal models; namely, the Mirror Optical Bench (MOB) on the Gravity and Extreme Magnetism Small Explorer (GEMS) spacecraft, Advanced Topography Laser Altimeter System (ATLAS) on the Ice, Cloud, and Elevation Satellite 2 (ICESat-2), and the Neutral Mass Spectrometer (NMS) on the Lunar Atmosphere and Dust Environment Explorer (LADEE). Hot and cold cases were run for each model to capture the behavior of the models at both thermal extremes. It was found that, though decreasing the number of nodes from a detailed to reduced model brought about a reduction in the run-time, a large time savings was not observed, nor was it a linear relationship between the percentage of nodes reduced and time saved. However, significant losses in accuracy were observed with greater model reduction. It was found that while reduced models are useful in decreasing run time, there exists a threshold of reduction where, once exceeded, the loss in accuracy outweighs the benefit from reduced model runtime.